InPost signs deal to handle Vinted deliveries until 2027
GDANSK, April 23 (Reuters) - Parcel locker company InPost (INPST.AS), opens new tab has agreed a deal with Lithuanian online marketplace Vinted to handle parcel deliveries in eight countries until the end of 2027, the company said on Wednesday.
WHY IT'S IMPORTANT
The agreement expands InPost's services across Europe, supporting its strategy to grow in key e-commerce markets.
Under the deal with Vinted, InPost will deliver parcels in Poland, the United Kingdom, France, Belgium, the Netherlands, Italy, Portugal, and Spain.
CONTEXT
InPost has been expanding in Europe through strategic partnerships and acquisitions.
Recently, the company announced the acquisition of UK courier firm Yodel, accelerating its growth in the country and solidifying its position as the third-largest independent logistics operator in the country.
KEY QUOTE
"Strategic partnerships like the one with Vinted are crucial for InPost's strategy and strengthen the group's international position," InPost CEO Rafał Brzoska said in a statement.
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Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) A SAVVY Vinted seller who has made almost £4,500 on the second-hand platform has shared the 18 unexpected brands that will make you a fortune. So if your wardrobe is bursting at the seams with clothes you never wear, you've come to the right place and will need to take notes. 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I've made £2.5k on Vinted in three months - here's my top tips, including the best day of the week to list your items 'Don't go by the suggested pricing that Vinted gives you when you try and enter the price when you are uploading your item.' Instead, she recommended: 'Save it as a draft and then manually search it because the suggested prices aren't accurate. Do you need to pay tax on items sold on Vinted? QUICK facts on tax from the team at Vinted... The only time that an item might be taxable is if it sells for more than £6,000 and there is profit (sells for more than you paid for it). Even then, you can use your capital gains tax-free allowance of £3,000 to offset it. Generally, only business sellers trading for profit (buying goods with the purpose of selling for more than they paid for them) might need to pay tax. Business sellers who trade for profit can use a tax-free allowance of £1,000, which has been in place since 2017. More information here: 'Specifically old New Look, Jane Norman, that sort of stuff is becoming really popular on Vinted now. 'So if you are clearing out your old wardrobe, make sure you are looking and just double checking what your items are worth, because I'm seeing not many people do research and it means you're losing out on money.' There are some brands that were popular back then that are so popular on Vinted now and I see people uploading clothing items from this sort of era and they aren't priced high enough Chloe Chandler The TikTok clip, which was posted under the username @chloe_chandlerx, has clearly left many open-mouthed, as viewers eagerly raced to the comments to share their thoughts. One person said: 'I tried buying a Jane Norman top that was listed for £2 and someone bought it within half a minute.' Why I hate Vinted, a real-life view Fabulous Associate Editor Sarah Barns opens up on why she hates Vinted: It's the king of second-hand fashion but I hate Vinted. There I said it. Yes, it stops items going into landfill. Yes, it helps create additional side-hustle income for many. And yes, you can get things at bargain prices. But it is just not my (shopping) bag. From personal experience, I've bought 'cheap' bundles of children's clothes only for them to arrive dirty and misshapen. Plus, with postage and buyer protection they didn't feel like such a great deal. I much prefer going to my local charity shop or supermarket for kids' stuff. I've also bought more premium high-street items - a dress from Arket and a skirt from Cos - only to find they didn't fit properly and the colours were faded. I attempted a bout of selling stuff but gave up after my £110 Veja trainers got lost in the post and I spent two hours on the phone to Royal Mail. A major gripe with it is that it still encourages you to spend, spend, spend. I'm not sure I needed the items I did purchase, I just didn't want to miss out. Also, the reselling of fast-fashion items - a £5 Shein top on Vinted for £17.50 - makes me feel a bit queasy. Clothes shopping has become a daily hobby for a lot of people when really it should be something that's done once or twice a year as a necessity. But the 18 million Vinted app users clearly disagree with me. To this, Chloe replied and confirmed: 'Yep! They go sooooo fast at that price!' Meanwhile, another added: 'I have found so many of my camis from the 2000s but I've cut tags out and can't remember where they're from.' In response, Chloe wrote back and suggested: 'Just put the brand as 'vintage'!! Then write in the description that you cut the tags out but they are from 2000s.' Unlock even more award-winning articles as The Sun launches brand new membership programme - Sun Club
